Polygon-based Y00ts NFTs to migrate to Ethereum, return $3 million grant

Quick Take

  • The move aims to “unite the DeGods and y00ts communities,” the NFT project tweeted today.

Y00ts, a popular non-fungible token project, will migrate from Polygon to Ethereum, the NFT project announced Thursday morning in Asia.

The y00ts project, which only migrated from Solana to Polygon earlier this year, said that it will soon make another switch in favor of Ethereum. As part of the move, it will return a $3 million grant Polygon had provided.

“We still love Polygon. It's just time to unite the DeGods and y00ts communities,” y00ts tweeted, adding that the migration date will be announced shortly.

Once successfully migrated, y00ts will join the DeGods collection on Ethereum. The two NFT projects were created on Solnana in October 2021 by Rohun Vora, also known as Frank. The team had already migrated DeGods to Ethereum in April.

“We tried our best to make it work but we just need to bring our 2 communities together,” Frank tweeted following the announcement of the y00ts migration.

“In the spirit of transparency, we want to be clear that Season III is going to be all about DeGods. We would appreciate it if the y00ts community shows up for us. We’re all one big family. In return, we’ll go even harder on y00ts 2,” Frank said.

Floor price inches up

The floor price of y00ts rose 7.2% in the past 24 hours to 1.88 ETH, while DeGods’ floor price dipped 4.9% to 8.9 ETH, according to data from CoinGecko.

DeGods is currently the third most-traded NFT collection in terms of 24-hour volume, with y00ts the eighth most-traded, CoinGecko data showed.

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